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Originally Posted by echappist
I'd also like to know if there are any bond holders in senior position. B/c were the scheiss to hit the fan, equity owners gets wiped out.
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Quote:
Originally Posted by pdonk
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From that super interesting and helpful SEC link above (quickly scanned it), there appears to be about $800k of debt (short term + long term).
The ownership structure is a bit complicated for a company of this size, when you look at the Munich Composites part added to the Boyd ownership and then the aluminum wheels manufacturing (Olive Manufacturing Group LLC).
Overall, I like what they're doing. The investment, to me, isn't something I would bet my retirement on. Supporting U.S. manufacturing would be the investment and then buying some of their wheels. Maybe as an investor one could convince them to make some rim brake tubulars, beyond their track wheels??